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The Wharton School (/ ˈ hw ɔːr t ən / WHOR-tən) is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia.Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton School is the world's oldest collegiate business school.
The average cost of an Ivy League MBA is $100,000 a year, with tuition averaging $78,000 a year as of 2022. [1] BestColleges notes that despite the high tuition rates at Ivy League business schools, graduates from these programs have access to alumni and industry connections that can lead to middle management positions with high salaries. [9]
While specific acceptance rates for Penn in the 1960s are not available, they were “slightly greater than 40%” in the 1980s, according to the university’s website.
The Ivy League schools are highly selective, with seven out of the eight universities reporting undergraduate acceptance rates below 6%. Admitted students come from around the world, although those from the Northeastern United States make up a significant proportion of students. [99] [100] [101]
MBA admissions decisions cost Harvard over $16 million in lost tuition revenue this year, while Wharton gained $5 millionThe post Harvard Vs. Wharton: How Two B-Schools Played The Pandemic ...
Wharton offers four degree programs: undergraduate, an MBA, an EMBA, and a Doctoral degree. As of 2023, there are approximately 105,000 alumni in over 150 different countries, including 79,280 in North America , 5,660 in Asia , 4,510 in Europe , 1,370 in the Caribbean and Latin America , 930 in Africa and the Middle East , and 380 in Australia ...
The Department's undergraduate program is one of the largest in the School of Arts and Sciences. [5] Students enrolled in Wharton as undergraduates share some of the classes with students from the Economics Department, but the two degrees have otherwise separate curriculum.
The University of Pennsylvania comes in first if only bachelor's degrees are counted, according to the most recent 2022 Forbes report. [1] Harvard also ranks first in the number of ultra-high net worth alumni with assets greater than $30 million.